Is LOWES COMPANIES INC (LOW) Halal?

NYSE Consumer Cyclical United States $129.2B
✓ HALAL
Confidence: 83/100
LOWES COMPANIES INC (LOW) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 28.1% against the AAOIFI threshold of 30%, LOWES COMPANIES INC comfortably passes the key financial ratio tests. The company operates in the Consumer Cyclical sector (Home Improvement Retail), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 28.1%
/ 30%
1.2%
/ 30%
0.0%
/ 30%
0.19%
/ 5%
✓ HALAL
DJIM 28.1%
/ 33%
1.2%
/ 33%
0.0%
/ 33%
0.19%
/ 5%
✓ HALAL
MSCI 92.1%
/ 33%
4.1%
/ 33%
0.0%
/ 33%
0.19%
/ 5%
✗ NOT HALAL
S&P 28.1%
/ 33%
1.2%
/ 33%
0.0%
/ 33%
0.19%
/ 5%
✓ HALAL
FTSE 92.1%
/ 33%
4.1%
/ 33%
0.0%
/ 50%
0.19%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
19.4
Forward: 16.9
EPS
$11.86
Dividend Yield
208.0%
Payout: 40.1%
P/B Ratio
-13.0
EV/EBITDA
13.9
EV: $172.7B
Beta
0.9
Average volatility
Current Ratio
1.1

Profitability

Gross Margin 33.5%
Operating Margin 8.6%
Net Margin 7.7%
Return on Assets (ROA) 13.1%

Cash Flow & Balance Sheet

Operating Cash Flow$9.6B
Free Cash Flow$7.7B
Total Debt$39.7B
Current Ratio1.1
Total Assets$43.1B

Price & Trading

Last Close$236.03
50-Day MA$262.24
200-Day MA$246.85
Avg Volume2.8M
Beta0.9
52-Week Range
$206.39
$293.06

About LOWES COMPANIES INC (LOW)

CEO
Mr. Marvin R. Ellison
Employees
167,000
Sector
Consumer Cyclical
Industry
Home Improvement Retail
Country
United States
Exchange
NYSE
Market Cap
$129.2B
Currency
USD

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and Canada. It provides a line of products for construction, maintenance, repair, remodeling, and decorating. The company also offers home improvement products, such as appliances, seasonal and outdoor living, lumber, lawn and garden, kitchens and bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and décor. In addition, it provides installation services through independent contractors in various product categories; and extended protection plans and repair services. Further, the company provides design, distribution, and installation services for interior surface finishes to home builders and property managers. It sells its national brand-name merchandise and private brand products to professional customers, individual homeowners, and renters. The company serves its products through Lowes.com website, mobile applications, retail home improvement stores and outlet stores, and its branches. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.

Purification Calculator

As a halal stock with 0.19% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is LOWES COMPANIES INC (LOW) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), LOWES COMPANIES INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is LOWES COMPANIES INC's debt ratio?

LOWES COMPANIES INC's debt ratio is 28.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 92.1%.

Does LOWES COMPANIES INC require dividend purification?

Yes, LOWES COMPANIES INC has an impermissible income ratio of 0.19%, which means 0.19% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are LOWES COMPANIES INC's key financial metrics?

LOWES COMPANIES INC has a market capitalization of $129.2B, trailing P/E ratio of 19.4. The company maintains a gross margin of 33.5% and a net margin of 7.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.